The Franklin Strategic Income Fund (FRSTX) is a mutual fund within the Franklin Strategic Series that aims to provide investors with a steady stream of income through a diversified portfolio of fixed-income securities. This fund may invest in a variety of debt instruments, including government and corporate bonds, mortgage-backed securities, and high-yield bonds. It also has the flexibility to invest in international fixed-income securities, providing potential for global diversification. With a focus on income generation, the Franklin Strategic Income Fund may be suitable for investors seeking a conservative approach to investing.